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Glossary of Terms > F > FREDDIE MAC

FREDDIE MAC

Freddie Mac is the government agency that makes housing more accessible and affordable for millions of families. Its unique mortgage credit system that makes homeownership a reality by stressing the following points: Reducing the costs of housing finance; Expanding housing opportunities for all families, including low-income and minority families; Initiating community development lending projects; Promoting consumer education to improve financial literacy; Build strong families and thriving neighborhoods in the communities it helps finance.

F Terms

FAIR MARKET VALUE (FMV)

FANNIE MAE (FNMA)

FEDERAL EMERGENCY MANAGEMENT AGENCY

FEDERAL HOUSING ADMINISTRATION (FHA)

FEDERAL RESERVE

FHA MORTGAGE

FIRST MORTGAGE

FIXED-RATE MORTGAGE

FLIPPING

FLOOD INSURANCE

FOR SALE BY OWNER

FORECLOSURE

FREDDIE MAC